Vanguard S&P Mid-Cap 400 ETF (NYSEARCA:IVOO) Sees Large Drop in Short Interest
by Jessica Moore · The Cerbat GemVanguard S&P Mid-Cap 400 ETF (NYSEARCA:IVOO – Get Free Report) saw a significant decline in short interest in the month of April. As of April 30th, there was short interest totaling 78,387 shares, a decline of 37.1% from the April 15th total of 124,687 shares. Currently, 0.3% of the company’s shares are short sold. Based on an average daily volume of 75,848 shares, the short-interest ratio is presently 1.0 days.
Institutional Trading of Vanguard S&P Mid-Cap 400 ETF
Several institutional investors have recently added to or reduced their stakes in the stock. Valpey Financial Services LLC boosted its holdings in Vanguard S&P Mid-Cap 400 ETF by 11,552.5% in the fourth quarter. Valpey Financial Services LLC now owns 2,304,632 shares of the company’s stock valued at $257,658,000 after acquiring an additional 2,284,854 shares during the last quarter. Goldman Sachs Group Inc. boosted its holdings in Vanguard S&P Mid-Cap 400 ETF by 2.9% in the fourth quarter. Goldman Sachs Group Inc. now owns 1,690,313 shares of the company’s stock valued at $188,977,000 after acquiring an additional 47,282 shares during the last quarter. Bank of America Corp DE boosted its holdings in Vanguard S&P Mid-Cap 400 ETF by 10.7% in the third quarter. Bank of America Corp DE now owns 1,306,760 shares of the company’s stock valued at $144,240,000 after acquiring an additional 126,381 shares during the last quarter. Hantz Financial Services Inc. raised its stake in Vanguard S&P Mid-Cap 400 ETF by 38.3% during the fourth quarter. Hantz Financial Services Inc. now owns 1,081,311 shares of the company’s stock worth $120,891,000 after buying an additional 299,175 shares during the last quarter. Finally, Morgan Stanley raised its stake in Vanguard S&P Mid-Cap 400 ETF by 2.5% during the fourth quarter. Morgan Stanley now owns 1,009,424 shares of the company’s stock worth $112,854,000 after buying an additional 24,820 shares during the last quarter.
Vanguard S&P Mid-Cap 400 ETF Stock Performance
Shares of NYSEARCA:IVOO traded down $0.26 during mid-day trading on Monday, reaching $121.96. 79,853 shares of the company’s stock were exchanged, compared to its average volume of 91,070. The firm has a market capitalization of $3.37 billion, a price-to-earnings ratio of 18.32 and a beta of 1.02. The business’s fifty day moving average price is $118.84 and its 200-day moving average price is $116.29. Vanguard S&P Mid-Cap 400 ETF has a twelve month low of $99.59 and a twelve month high of $127.08.
Vanguard S&P Mid-Cap 400 ETF Company Profile
The Vanguard S&P Mid-Cap 400 ETF (IVOO) is an exchange-traded fund that is based on the S&P Mid Cap 400 index. The fund tracks a market cap-weighted index of mid-cap US companies. IVOO was launched on Sep 9, 2010 and is managed by Vanguard.